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Barclays upgrades Robinhood, Schwab on growth


Published on 2024-12-09 15:41:33 - MSN
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  • Barclays upgraded Robinhood Markets Inc (NASDAQ:HOOD) and Charles Schwab Corp (NYSE:SCHW) to "overweight," citing improved market conditions and growth opportunities for brokers and alternative asset managers for 2025.

The article from MSN Money discusses Barclays' recent upgrades of Robinhood Markets Inc. and Charles Schwab Corp. due to anticipated growth in the financial sector. Barclays has upgraded Robinhood from Equal Weight to Overweight, citing expectations of a significant increase in trading volumes and a potential rise in interest rates which could benefit Robinhood's margin income. Similarly, Charles Schwab received an upgrade from Equal Weight to Overweight, with Barclays analysts pointing to Schwab's robust financial health and its ability to capitalize on market trends. The upgrades reflect Barclays' optimism about the future performance of these companies amidst a backdrop of economic recovery and increased retail investor activity.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/barclays-upgrades-robinhood-schwab-on-growth/ar-AA1vym2t ]
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